518A.10  Advance assessments.

Any association may collect assessments for losses and expenses for one year in advance; or for more than one year in advance where such advance assessment does not exceed five mills on each dollar of insurance in force.

Section History: Early form

  [S13, § 1759-h; C24, 27, 31, 35, 39, § 9038; C46, 50, 54, 58, 62, § 518.10; C66, 71, 73, 75, 77, 79, 81, § 518A.10]

Internal References

  Referred to in § 519.11


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